The International Monetary Fund commends governor Sergiu Cioclea on the significant progress achieved under his leadership of the National Bank of Moldova (NBM), says a press line issued by the IMF Resident Representative in the Republic of Moldova Volodymyr Tulin, which is quoted by IPN.

“We commend Mr. Cioclea on the significant progress achieved under his leadership of the NBM and thank him for excellent cooperation over the past three years. We look forward to continuing our close and constructive relationship with the NBM and engaging with new central bank governor as part of the dialogue with the Moldovan authorities on the economic program, as well as the Fund’s interaction with the authorities of member countries,” reads the press line.

On November 20, Sergiu Cioclea announced his resignation from the post of governor of the National Bank of Moldova as of November 30, 2018. The resignation was tendered to Speaker of Parliament Andrian Candu.